The deficit climbing by $3.4 trillion is keeping your mortgage rate a… | HappeningNow.news

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The deficit climbing by $3.4 trillion is keeping your mortgage rate at 6.48% — not the Fed

Trump's tax-and-immigration megabill is forcing Treasury to flood bond markets with new debt, pushing 10-year yields higher.

Source Fortune AI Summary Updated June 5, 2026
Story intelligence Beta
Freshness Stale Updated June 5, 2026
Confidence Limited Single-outlet story
Coverage Single outlet
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Read time 1 min ~22 words

AI Summary

Trump's tax-and-immigration megabill is forcing Treasury to flood bond markets with new debt, pushing 10-year yields higher. Not good for your mortgage.

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